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NEW YORK (AP) - The Energy Department will likely report a 1.2 million barrel jump in crude oil reserves on Thursday for the week ended Nov. 14, according to a survey by Platts, the energy information arm of McGraw-Hill Cos.

The Energy Information Administration releases its weekly report at 10:35 a.m. EDT.

Platts also expects gasoline stockpiles to rise by 700,000 barrels, distillate stocks to rise by 900,000 barrels and refineries to decrease capacity by 0.3 percent to 84.3 percent.

A reading above or below estimates can influence market trading.

Last Wednesday, the EIA said for the week ended Nov. 7 crude oil inventories stayed at 311.9 million barrels; gasoline reserves rose by 2 million barrels to 198.1 million barrels; distillate inventories rose by 600,000 barrels to 128.4 million barrels; and U.S. refineries ran at 84.6 percent of total capacity on average, a drop of 0.7 percentage point.

Last week’s crude oil figure fell shy of the 1.1 million barrel build analysts expected. After that report, prices for crude fell nearly 6 percent, or $3.50 to settle at $56.16 a barrel on the New York Mercantile Exchange.

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